Mortgage-Backed Securities
Remain Nearly Unchanged

NEW YORK -- U.S. mortgage-backed securities were little changed in moderate trading Monday. One of the features of the day was the morning release of existing U.S. home sales for August.

The number was a larger-than-expected 5.27 million units , which was seen as potentially increasing prepayment levels again. Following the strong move toward normalization of the Treasury yield curve last week, dealers said that pre-payment pressure...